Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 138.50M | 137.87M | 127.76M | 88.68M | 70.31M | 69.52M |
Gross Profit | 59.73M | 59.06M | 78.44M | 72.91M | 60.82M | 49.82M |
EBITDA | -9.92M | -9.27M | 35.57M | 35.97M | 30.32M | 21.70M |
Net Income | -10.83M | -9.98M | 26.59M | 26.67M | 22.17M | 15.72M |
Balance Sheet | ||||||
Total Assets | 2.22B | 2.23B | 2.04B | 1.93B | 1.65B | 1.64B |
Cash, Cash Equivalents and Short-Term Investments | 233.90M | 48.92M | 113.51M | 111.56M | 161.74M | 223.35M |
Total Debt | 72.14M | 73.04M | 87.64M | 172.25M | 29.29M | 14.83M |
Total Liabilities | 2.01B | 2.02B | 1.81B | 1.73B | 1.46B | 1.48B |
Stockholders Equity | 209.62M | 207.99M | 221.52M | 198.28M | 188.79M | 167.66M |
Cash Flow | ||||||
Free Cash Flow | 8.35M | 8.95M | 25.63M | 25.76M | 24.82M | 15.73M |
Operating Cash Flow | 12.55M | 14.74M | 31.63M | 33.54M | 29.12M | 17.02M |
Investing Cash Flow | -103.34M | -122.28M | -130.75M | -228.74M | -60.52M | -313.79M |
Financing Cash Flow | 168.69M | 200.73M | 83.03M | 232.59M | -14.20M | 339.45M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
73 Outperform | $125.74M | 11.37 | 8.80% | 3.11% | 7.28% | -3.91% | |
68 Neutral | $115.71M | 20.31 | 4.84% | ― | 8.74% | -1.73% | |
67 Neutral | $146.23M | 15.95 | 6.82% | 4.27% | 13.55% | 3.11% | |
65 Neutral | kr119.25B | 25.10 | 7.49% | 4.20% | 13.90% | -82.08% | |
61 Neutral | $159.70M | 14.43 | -5.01% | 1.93% | 5.38% | -165.79% | |
57 Neutral | $120.61M | 24.70 | 3.11% | 1.39% | 9.61% | 29.84% | |
$144.53M | 28.65 | 2.79% | ― | ― | ― |
On May 30, 2025, MainStreet Bancshares, Inc. reported a data security incident involving an outside vendor that was compromised in March 2025. The company determined that the breach affected personally identifiable information of about 4.65% of its customers but did not impact its own IT systems or financial operations. The incident has not had a material impact on the company’s operations or financial condition, and appropriate measures have been taken to notify affected customers and regulators.
MainStreet Bancshares held its Annual Meeting of Shareholders on May 21, 2025, where directors were elected for three-year terms, and the appointment of Yount, Hyde & Barbour, P.C. as the independent accounting firm for fiscal 2025 was ratified. Additionally, shareholders approved non-binding advisory votes on executive compensation but did not approve a proposal recommending the sale of the company. On May 23, 2025, the Board declared a quarterly cash dividend on its Series A Preferred Stock, payable on June 30, 2025, to shareholders of record as of June 13, 2025. The Depositary Shares are traded on the Nasdaq Capital Market under the symbol ‘MNSBP.’
Mainstreet Bancshares Inc. addressed inquiries about Director nominee Ali Reza Manouchehri, CEO of MetroStar Systems, LLC, and MetroStar’s involvement with the Avenu platform. MetroStar, a digital IT services provider, partnered with Object Computing, Inc. to develop the Avenu platform, with plans to transition the solution in-house by June 30, 2023. MainStreet Bank has not engaged MetroStar since December 31, 2023, and Mr. Manouchehri, who joined the Board on February 21, 2024, has only received standard Board compensation. He brings extensive expertise in technology and innovation to the Board and has been a significant customer and lead provider for the bank.
On April 21, 2025, MainStreet Bancshares reported a first quarter net income of $2.5 million, with a net interest margin increase to 3.30%. The company maintained strong asset quality and capital, with total deposits at $1.9 billion and a loan-to-deposit ratio of 96%. Nonperforming loans remained stable, and a successful resolution is expected to pay off $11.2 million in the second quarter. The company decided to halt its Avenu technology initiative to focus on core banking operations.
MainStreet Bancshares, Inc. announced it will hold a virtual webcast and quarterly earnings conference call on April 21, 2025, to discuss first quarter results and recent activities. This event provides an opportunity for stakeholders to gain insights into the company’s performance and strategic direction.